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mayor clinton. >> mayor chelsey clinton. >> jennifer: you think hillary clinton would be interested in being mayor? >> no, as great as new york is, i think it would feel like a demotioning to from traveling the world as secretary of state to dining the fine restaurant of new york. i think they'll vote in quinn. >> jennifer: karl, let me follow up with you. there is a new york democrat nate shinigoa who lost his race, but he received a letter from hillary clinton, and he posted it on his facebook. and she's in fact in that letter encouraging him to keep on fighting in the political website, saying that is new for clinton. do you think she's building support for a presidential campaign? >> i don't think she's building support to go on a nice long vacation. >> jennifer: i totally agree. >> which is probably what she's going to do, take a break while her team puts everything together. it's smart politics congratulating, and offering condolences to anyone who lost. i think it's pretty normal. i think it's usual that a candidate would put it up for the world to see but i think it's a smart t
mayor clinton. >> mayor chelsey clinton. >> jennifer: you think hillary clinton would be interested in being mayor? >> no, as great as new york is, i think it would feel like a demotioning to from traveling the world as secretary of state to dining the fine restaurant of new york. i think they'll vote in quinn. >> jennifer: karl, let me follow up with you. there is a new york democrat nate shinigoa who lost his race, but he received a letter from hillary clinton, and he...
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try to do something a little bit more mainstream with a little bit more broad appeal, a la hillary clinton in her first couple of months up here on capitol hill. they don't expect her to focus entire loin the consumer financial protection bureau, for example. they think she would like a larger beach head on capitol hill and i think that is where this is going. >> thank you very much. take it down to sue at the nyse. >> i have kenny poll carry, independent trader at the nyse with me. you made a note in your morning note that we are stuck this in range until we get progress. >> look where we are, between 1400 on the downside you can and 1420 the upside. today, done absolutely nothing, at 1404, 1406 all day, not a lot of action, not a lot of activity at all. people just in this wait and see mode, right? more chatter out of washington. i think a lot of people expecting the interview with the president, hear what he had to same the market got weaker after spoke. >> down 18 point on the trading session now the volume disturbing now, because there is none. >> that just tells that you investors ar
try to do something a little bit more mainstream with a little bit more broad appeal, a la hillary clinton in her first couple of months up here on capitol hill. they don't expect her to focus entire loin the consumer financial protection bureau, for example. they think she would like a larger beach head on capitol hill and i think that is where this is going. >> thank you very much. take it down to sue at the nyse. >> i have kenny poll carry, independent trader at the nyse with me....
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he increased the income tax by 10%, but the huge surge in revenues under clinton came through the capital gains tax cut, not from the income-tax increase. lou: you and i have done what the republicans, perhaps too often. we talk about the economics of it, the theory of it, if you will, the extraction of it, but but the reality is the repuican party has not come up with a rejoinder, a response to a, if ou will, a socialist redistributionist president who right now claims the field is on because there is no other standard flng over that field. there is a speaker of the house to is simply saying, this is not right. you know, we are not at the table and complainingbut not, not engaging. >> i think we have got to engage the argument. we cannot win the argument while acknowledging that an increase in tax rates would increase revenues and all. it will just today the top 1 percent are payi about 40 percent of the income tax. the top 25 percent are paying 87% of the income tax. it does not get any better than that. this is under the bush tax rates. you eliminate those tax rates and you will get le
he increased the income tax by 10%, but the huge surge in revenues under clinton came through the capital gains tax cut, not from the income-tax increase. lou: you and i have done what the republicans, perhaps too often. we talk about the economics of it, the theory of it, if you will, the extraction of it, but but the reality is the repuican party has not come up with a rejoinder, a response to a, if ou will, a socialist redistributionist president who right now claims the field is on because...
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we have the same tax rates that we have when bill clinton was president. significant cuts in defense and also significant human services can you tell us. >> katie, let me ask you, before you respond to what governor dean is saying. there is logic to what howard dean is saying. i don't happen to agree with it. but i know where he's coming from. katie, let me ask you this -- katie can't hear me. we'll wait for her to get back hooked in. howard, what about the notion that i'm posing tonight -- i've said this a few times -- republicans better be careful. they're not going down your road and the democrats aren't going down your road. you have middle class tax cuts for the democrats and it sometimes sounds to me as an old reagan conservative that the republicans better watch themselves because sometimes it sounds like they are kind of defending rich people. that's their whole mantra, just defending rich people. and i think that's not where they should be. >> i would agree. if i were politically advising the republicans, which i'm certainly not, i think tom colts
we have the same tax rates that we have when bill clinton was president. significant cuts in defense and also significant human services can you tell us. >> katie, let me ask you, before you respond to what governor dean is saying. there is logic to what howard dean is saying. i don't happen to agree with it. but i know where he's coming from. katie, let me ask you this -- katie can't hear me. we'll wait for her to get back hooked in. howard, what about the notion that i'm posing tonight...
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. >> ford is your we offered a serious proposal based on testimony of friends that clinton's former chief of staff. since then there has been no counteroffer from the white house. instead, reports indicate that the president has adopted a deliberate strategy to a slow walk our economy right to the edge of the fiscal cliff. gerri: earlier i askd republican senator richard shelby of alabama for histake on the comments from boehner. >> i believe that speaker boehner is on the right track. the president has not come uptown now, been deeply involved, that we know about , in any of these offers are counterfers dealers said he has been campaigning to meet. but he has to get involved if he wants to avoid the fiscal liff. i think that the speaker has indicated that he will try to engage in, t to meet him and try to avoid the fiscal cleft that the presiient is gng to continue to say it is my way or the highway, that is another game. gei: it is. harry reid today saying that the game is at chess game, and the republicans are the jets. here is harry reid. >> he has a problem. he has three quarterbacks
. >> ford is your we offered a serious proposal based on testimony of friends that clinton's former chief of staff. since then there has been no counteroffer from the white house. instead, reports indicate that the president has adopted a deliberate strategy to a slow walk our economy right to the edge of the fiscal cliff. gerri: earlier i askd republican senator richard shelby of alabama for histake on the comments from boehner. >> i believe that speaker boehner is on the right...
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president of americans for tax reform and robert reish, former secretary of labor for president bill clinton and the author of "beyond outrage." none of the three of us are beyond outrage, grover norquist, which is why i keep having you back. the situation it seems to me as an impartial observer here is that both sides have now made fairly ludicrous offers that they know the other side is never going to accept in a million years. that does beg the question, grover, why bother, given that both sides know where they need to move, why the games? >> well, it's not clear that both sides know. the week after the election, president obama was asked do you have to have the higher rates or could we have deductions and credits and he said he was open to negotiations. three weeks later, after thanksgiving, he shows up and all of a sudden there's a line in the sand on rates that had come out of nowhere, so the president seems to be moving the goal posts in a deliberate effort, i don't know, to extract something, to push people over the fiscal cliff. something's going on and it's not clear because he's n
president of americans for tax reform and robert reish, former secretary of labor for president bill clinton and the author of "beyond outrage." none of the three of us are beyond outrage, grover norquist, which is why i keep having you back. the situation it seems to me as an impartial observer here is that both sides have now made fairly ludicrous offers that they know the other side is never going to accept in a million years. that does beg the question, grover, why bother, given...
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however, i think if we fall to the clinton era tax rates, i'm okay with that. i think that e we ought to have some wiggle room on the tax rates because i think the country wants us to compromise. so there's compromise space there, but make no mistake, we're not going to compromise away the upper end tax rates. that's on the table. it will stay on the table. that's what the american people are asking for. >> congressman, great to have you with us tonight on "the ed show." appreciate your time. remember to answer tonight's question. share your thoughts on twitter and on facebook. we always encourage you and want to know what you think. >>> coming up, mitch mcconnell filibusters his own bill in the senate. bernie sanders joins us to talk about what that means for the future. >>> and fiscal cliff talks. stay with us. you're watching "the ed show" on >>> unemployment hits a four had-year low, but republican obstruction is keeping the country from creates more jobs. we'll bring you the latest numbers and i'll ask david cay johnston why now is the time to focus on job
however, i think if we fall to the clinton era tax rates, i'm okay with that. i think that e we ought to have some wiggle room on the tax rates because i think the country wants us to compromise. so there's compromise space there, but make no mistake, we're not going to compromise away the upper end tax rates. that's on the table. it will stay on the table. that's what the american people are asking for. >> congressman, great to have you with us tonight on "the ed show."...
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this offer more bipartisan credibility, speaker boehner said the plan is based on a proposal by former clinton chief of staff erskine bowles. bowles said he was flattered by the use of his name but satsz the proposal, quote -- so far, this greek fiscal drama has yet failed to return. the larger question for america, the play ends in tragedy on december 31st. joining me now from washington, is the president for -- president of americans for tax reform, conservative counter broker and the man who does not believe in unicorns, pink or otherwise, mr. grover norquist. grover, what a day to have you on the show. thanks for joining us. >> absolutely. of course, you know, north korea and -- media announced they did find unicorns in north korea. >> we don't often take our cues from them. i am one that firmly believes in the existence of unicorns somewhere and hopefully maybe in this fiscal cliff deal. grover, the first question i have for you is this, your pledge, the pledge that many republicans have signed on to, opposes any and all efforts to increase marginal income tax rates and opposes any net re
this offer more bipartisan credibility, speaker boehner said the plan is based on a proposal by former clinton chief of staff erskine bowles. bowles said he was flattered by the use of his name but satsz the proposal, quote -- so far, this greek fiscal drama has yet failed to return. the larger question for america, the play ends in tragedy on december 31st. joining me now from washington, is the president for -- president of americans for tax reform, conservative counter broker and the man who...
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obama versus clinton. they are both up for a grammy in the best spoken word album. >>> 2, 1. >> the first lady joined her husband to light the 28-foot blue spruce christmas tree. it was transplanted days before hurricane sandy before made it. in case you're wondering, this year's white house holiday card is all about bo. the card was designed by an iowa artist and dog lover. that's too cute. >> you can't go wrong if you put your pets or your kids on a card. >> do you put yourself? >> never. >> just kids? >> just kids. >> the white house christmas card is a big deal. when you're on the white house staff, you get a special version of it. people frame it. this is a beautiful card. i love it. >> our team this morning weigh in on the important topic of the annual christmas card for the white house. will cain, cnn contributor. richard socarides, a writer for new yorker.com. this is kind of a disgusting story about snake hunts. not snakes on a plane exactly, but more like this. >> enough is enough. i have had it
obama versus clinton. they are both up for a grammy in the best spoken word album. >>> 2, 1. >> the first lady joined her husband to light the 28-foot blue spruce christmas tree. it was transplanted days before hurricane sandy before made it. in case you're wondering, this year's white house holiday card is all about bo. the card was designed by an iowa artist and dog lover. that's too cute. >> you can't go wrong if you put your pets or your kids on a card. >> do you...
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. >>> earlier today secretary of state hillary clinton said farewell to nato allies during a visit to brussels. as she contemplates the future, she may well be encouraged by a new washington post poll. asked if they would vote for her if she ran for president in 2016, 57% said yes while 37% said no. joining us is our white house correspondent kristen welker. we found out the editor of "the new yorker" said hillary clinton would run in 2016 and dustin hoffman would support her if she ran but what chatter are you hearing around the white house about that? >> reporter: democratic sources tell me the secretary of state just hasn't decided yet. she's still in the process of mulling over this decision. having said that, they also tell me that the political operation is doing what they need to do to preserve the right to run if that's what she decides to do in 2016. that's playing out behind the scenes. publicly we've seen this unfold for quite some time. her president, former president bill clinton, was president obama's key surrogate during this election cycle, setting the stage for presid
. >>> earlier today secretary of state hillary clinton said farewell to nato allies during a visit to brussels. as she contemplates the future, she may well be encouraged by a new washington post poll. asked if they would vote for her if she ran for president in 2016, 57% said yes while 37% said no. joining us is our white house correspondent kristen welker. we found out the editor of "the new yorker" said hillary clinton would run in 2016 and dustin hoffman would support her...
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then they create this this thing it was because bowles was never elected to anything he was just a clinton staffer fact he got knocked down twice and twice he was defeated i don't know why these guys represent anybody but anyhow they said panetta burns because leon panetta used to be a clinton staffer and burns was a republican senator westerners a republican senator so they said well what do you think of the panetta burns strategy twenty five percent of americans support that thirty nine percent support simpson bowles doesn't this tell us something about the whole lane and americans are and how they want to agree with that nice fellow who's asking the question you think you think that was i want to look smart i think if the issue is that they want to look smart they want to look like they're in the know yes i can remember going there is nothing about this a lot of people are busy raising kids watching t.v. working and they want to participate in politics and they go no i can't agree with you and as a result of thirty five years or greater nomics both people the family are working they're
then they create this this thing it was because bowles was never elected to anything he was just a clinton staffer fact he got knocked down twice and twice he was defeated i don't know why these guys represent anybody but anyhow they said panetta burns because leon panetta used to be a clinton staffer and burns was a republican senator westerners a republican senator so they said well what do you think of the panetta burns strategy twenty five percent of americans support that thirty nine...
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we'll go back to the clinton era, which will happen at the beginning of the year. >> stephanie: yeah. >> caller: and i mean also other people in the lower-income brackets will have to pay more, but i think we're willing to do that. >> stephanie: i don't think it's a preferable thing to go off of the cliff, but the more and more you see republicans have not changed one bit from their obstructionist ways i think, yeah, maybe. >> caller: it doesn't mean that starting january, the world will come to an end. >> caller: yeah, it's gradual. >> caller: and if you ask the people -- fortunately i live in texas, so the previous president i didn't -- i agree with a lot of times, but i will just say that he never asked us to sacrifice anything. he told us to go shopping. >> stephanie: yeah. >> caller: that is -- it's crazy. >> stephanie: exactly, unless you cut a [ inaudible ] for that last pair of [ mumbling ] shoes. >> stephanie: i should have picked an easier to pronounce shoe. >> keds. [ laughter ] >> stephanie: this is the headlines. they really have not -- they presented another budget where
we'll go back to the clinton era, which will happen at the beginning of the year. >> stephanie: yeah. >> caller: and i mean also other people in the lower-income brackets will have to pay more, but i think we're willing to do that. >> stephanie: i don't think it's a preferable thing to go off of the cliff, but the more and more you see republicans have not changed one bit from their obstructionist ways i think, yeah, maybe. >> caller: it doesn't mean that starting...
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secretary of state hillary clinton says that the u.s. stands by the syrian people and not president assad. >> the united states stands with the syrian people in insisting that any transition process result in a unified democratic syria in which all citizens are represented. the future of this kind cannot possibly include assad. >> meanwhile, senator john mccain has said that the u.s. needs to take action. >> we do know absolutely that these weapons have been readied for use by bashar assad's aircraft. we urge the president of the united states to make whatever military preparations are necessary. >> joining me now, joel ruben. thank you for joining me. have they already crossed the red line that the president put out for intervention? should the u.s. intervene, as senator mccain is asking for? >> the situation in syria is something we've never seen before. we have a country collapsing and this country has significant weapons of mass destruction. syria has not signed a chemical weapons convention. they have not, however, moved to use thes
secretary of state hillary clinton says that the u.s. stands by the syrian people and not president assad. >> the united states stands with the syrian people in insisting that any transition process result in a unified democratic syria in which all citizens are represented. the future of this kind cannot possibly include assad. >> meanwhile, senator john mccain has said that the u.s. needs to take action. >> we do know absolutely that these weapons have been readied for use by...
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but if you remember, when the clinton tax cuts-- tax rates were imposed in 1993, martin felledsteen, you know, a very substantial economist, wrote an op-ed in the "with the journal" that day predicting we were going into a deep recession pause of the tax rates. we went into a big boom. we're tingering on the edges here of a massive economy. >> schieffer: michael? >> everybody knows the conversation needs to take place. speaker boehner calling the president saying i'll give some on rates. you have to give some on structural eltitlement reforms. the problem is, it's the president who sets the groundwork for that discussion. and right now republicans think the president's undermining that possible conversation by an unreasonable first setef demands, procedural changes that would make them irrelevant. the art of the deal involves giving people a soft place to land. and right now, republicans aren't seeing a soft place to land. their only option is humiliation in this process, and they're increasingly thinking that the president sees victory at the bottom of the fiscal cliff. >> but remem
but if you remember, when the clinton tax cuts-- tax rates were imposed in 1993, martin felledsteen, you know, a very substantial economist, wrote an op-ed in the "with the journal" that day predicting we were going into a deep recession pause of the tax rates. we went into a big boom. we're tingering on the edges here of a massive economy. >> schieffer: michael? >> everybody knows the conversation needs to take place. speaker boehner calling the president saying i'll give...
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the obvious, and that is if you're going to get revenues from the top 2%, we've got to go back to the clinton tax rates. down the road, maybe make adjustments, but right now hang in there. >> i think that is exactly right. certainly last year in the fiscal deficit negotiations, we were upset when he caved in the end of the day. this time he is sticking with it drawing the line in the sand. they are saying capital and income from capital should be taxed the same way we tax earned income. that is a fundamental in equity in our tax code. >> that's right. this country in its economy he has done well when we've had policies that have promoted middle class expansion. this is good for capital. franklin roosevelt for all of understanding, he said if you don't have a middle class that works, you won't have an economy for the rich. there's a narrow mindedness that i've got mine and i want more and i'm take it from you if that's what it takes. american economic policy works best when it's building a middle class. >> you go back to henry ford, who is no legal tarian at heart. he said if my workers can't
the obvious, and that is if you're going to get revenues from the top 2%, we've got to go back to the clinton tax rates. down the road, maybe make adjustments, but right now hang in there. >> i think that is exactly right. certainly last year in the fiscal deficit negotiations, we were upset when he caved in the end of the day. this time he is sticking with it drawing the line in the sand. they are saying capital and income from capital should be taxed the same way we tax earned income....
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president obama often talks about returning to clinton era tax rates. he wants to raise much more revenue from high earners than the clinton era tax code would have raised. and president clinton also dramatically lowered capital gains taxes, and that generally benefited high-earners. so a lot of folks believe that's something that balanced out against the increases on ordinary income. so, you know, that's something that arguably contributed to that surge in technology stocks and much else that created surpluses in the latter half of the clinton presidency. it's a more complicated picture. definitely there are folks who want tax increases but let's not gloss over president obama is talking about way higher taxes than we saw during the clinton era on the high earners. >> that's true. all right. want to talk about a party going on tonight. james, pretty good. there is a party going on, jack kemp foundation is having a party and marco rubio is speaking. paul ryan is speaking. they both want to have complete makeovers. you know -- marco rubio doesn't want to
president obama often talks about returning to clinton era tax rates. he wants to raise much more revenue from high earners than the clinton era tax code would have raised. and president clinton also dramatically lowered capital gains taxes, and that generally benefited high-earners. so a lot of folks believe that's something that balanced out against the increases on ordinary income. so, you know, that's something that arguably contributed to that surge in technology stocks and much else that...
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the latest abc news/"washington post" poll shows 57% would vote for clinton in a 2016 presidential bid. >>> turning now to news overseas. all eyes are on two tense situations developing by the hour that could have serious implications for the united states. in syria, with the assad regime growing increasingly desperate, intelligence reports indicate that a chemical attack against his own people could be imminent. even russia, syria's most powerful ally, is alarmed. their foreign minister met yesterday with secretary clinton, discussing the possibility of a syria without assad in power. this morning, rebels have declared damascus's airport a military target, warning civilians and airlines not to approach it. >>> and in egypt, tanks and barbed wire barricades returned to the streets of cairo as deadly protests raged outside the presidential palace. egyptian president mohamed morsi is calling for a national dialogue but is resolute about his controversial constitution. nbc's ayman mohyeldin is joining us live from cairo monitoring the situation. let's start with egypt. how much more troub
the latest abc news/"washington post" poll shows 57% would vote for clinton in a 2016 presidential bid. >>> turning now to news overseas. all eyes are on two tense situations developing by the hour that could have serious implications for the united states. in syria, with the assad regime growing increasingly desperate, intelligence reports indicate that a chemical attack against his own people could be imminent. even russia, syria's most powerful ally, is alarmed. their...
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federal law signed into law by president clinton in 1996. it says if a person is legally married in a state, the federal government can't recognize those marriages. that's where you talked about federal benefits heterosexual couples get and same sex couples do not. the prop 8 thing is bigger. while potentially it's confined to the state of california only, the question it out there having given the right to gay marriage could the state then take it away through proposition 8 passed by a majority of the vote nurse 2008. having taken that case, the court could get to the bedrock issue. can any state refuse to let same sex couples get married under the federal constitution. it could potentially be narrow or very far. >> pete, as i understand it, let me ask you. this one of these things, maybe the driving one, is defense of marriage act was about paying the estate act. where one of the two people said she didn't have to pay the estate tax because a married couple wouldn't have to. >> reporter: this is a case from new york. a woman named edie win
federal law signed into law by president clinton in 1996. it says if a person is legally married in a state, the federal government can't recognize those marriages. that's where you talked about federal benefits heterosexual couples get and same sex couples do not. the prop 8 thing is bigger. while potentially it's confined to the state of california only, the question it out there having given the right to gay marriage could the state then take it away through proposition 8 passed by a...
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hillary clinton finally came out and gave a strong endorsement to susan rice. some people, including maureen dowd, would suggest maybe that took a little longer than was necessary. >> it was striking. it was striking how long it took. and it didn't go unnoticed, obviously. >> she's traveling. >> you see john kerry being embraced by republicans. i think a lot of democrats would also like him to be the next secretary of state. where are we in that fight? we have so many issues that are on the front pages now. i think the president needs to get his person in as soon as possible. >> well, my sense is that secretary clinton weighing in perhaps suggests that the nomination is coming soon. i've talked to people on all sides of this. there's no question that benghazi continues to be litigated. even on the democratic side, there is some division on this. i've talked to democratic senators who have questioned whether she has the standing, the stature, to be secretary of state. so obviously there's some division about how people view susan rice. but here's the bottom line
hillary clinton finally came out and gave a strong endorsement to susan rice. some people, including maureen dowd, would suggest maybe that took a little longer than was necessary. >> it was striking. it was striking how long it took. and it didn't go unnoticed, obviously. >> she's traveling. >> you see john kerry being embraced by republicans. i think a lot of democrats would also like him to be the next secretary of state. where are we in that fight? we have so many issues...
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clinton in the six-minute clip. this video seems like an international endorsement of a presidential campaign ad all rolled into one. but the kind words didn't stop there. hillary clinton's boss recorded this special message for her. >> through it all, i have relied on the shining qualities that have defined your life. your conviction, your optimism, your belief that america can and must be a force for good in the world. i'll say it again. you've been one of the best secretary of states in american history. >> there doesn't seem to be any democrats that could come close to hillary clinton or joe biden when it comes to running for president, but there's plenty of time. we're only three years and 11 months away from election day. let's turn to michael tomasky, correspondent for "the daily beast". it's a lot of fun to talk about it, but it's amazing -- not that she doesn't deserve it. it's a quick endorsement on all fronts globally. how do you compete with that? >> it's awfully tough to compete with that. the speculati
clinton in the six-minute clip. this video seems like an international endorsement of a presidential campaign ad all rolled into one. but the kind words didn't stop there. hillary clinton's boss recorded this special message for her. >> through it all, i have relied on the shining qualities that have defined your life. your conviction, your optimism, your belief that america can and must be a force for good in the world. i'll say it again. you've been one of the best secretary of states...
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it would be a hillary clinton/david petraeus ticket. but i think that's kind of -- you know. >> we have to rewrite half of it. >> yes, well, although i mean -- we don't even need to go there. >> the hillary, what i've heard, is that the people who are in the financial end of hillary's campaign have been alerted that they got planning to do. some of them are also andrew cuomo fund-raisers and they are alert that there is planning they need to do. some of them are pretty conflicted. that's the best that i have on what she's thinking. >> i've talk to some of the fundraisers and they are planning. i think she is going to run. she is exhausted now. she'll take a couple -- she may not know she is going to run although i suspect she kind of does. she will take a couple years. and at this point she would be a very, very formidable candidate. depending on what happens over the next four years. mario cuomo used to say between now and then, a pope will be born which means, who the hell knows what's going to happen? the second obama term could be a
it would be a hillary clinton/david petraeus ticket. but i think that's kind of -- you know. >> we have to rewrite half of it. >> yes, well, although i mean -- we don't even need to go there. >> the hillary, what i've heard, is that the people who are in the financial end of hillary's campaign have been alerted that they got planning to do. some of them are also andrew cuomo fund-raisers and they are alert that there is planning they need to do. some of them are pretty...
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Dec 5, 2012
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on january 1 we go back to the clinton tax rates on everybody. number two, there's the beginning of a process of $1.2 trillion in spending cuts from the -- half from the pentagon and half from domestic spending. it would be gradual. so if we got to january 1 with nothing done, congress would still have time to act in both areas before the impact of those policies took effect. host: if congress disagree -- if investors start to doubt a deal could be reached, the consequences could prove to be severe and difficult to reverse. causing consumers and businesses to retrench, dampening investment. a genie you could not put back in the bottle. guest: i think there is some basis for that. what's happened in congress, it's been dysfunctional, is that we are doing things not by steady negotiations but by super brinksmanship. that's what happened in the debt ceiling fight last august. that's what happened in the budget debate in december of 2011. when we went right up to the midnight hour to determine whether we were going to keep the lights on in government
on january 1 we go back to the clinton tax rates on everybody. number two, there's the beginning of a process of $1.2 trillion in spending cuts from the -- half from the pentagon and half from domestic spending. it would be gradual. so if we got to january 1 with nothing done, congress would still have time to act in both areas before the impact of those policies took effect. host: if congress disagree -- if investors start to doubt a deal could be reached, the consequences could prove to be...
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Dec 4, 2012
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>> i think that -- i have so much respect and admiration for hillary clinton, secretary clinton has done an amazing job as secretary of state. i know she's earned and deserves and looking forward to the well-earned rest she's planning to take and she's an incredible leader who has a tremendous future as a leader of the united states of america. >> well, if you looked at the video that introduced her at the forum on friday night here, a the lot of people are suggesting that well-earned rest is only going to be a prelude to something else down the road and not -- >> we'll give her a little time to rest and then i'm sure that she'll be pressed into service and knowing secretary clinton, i'm sure she doesn't plan to rest very long. >> thanks very much. >> thank you. >> thank you, congresswoman. >> and coming up next, why won't the president sit down with john boehner? more from that new interview with president obama, next. [ fishing rod casting line, marching band playing ] [ male announcer ] the rhythm of life. [ whistle blowing ] where do you hear that beat? campbell's healthy request sou
>> i think that -- i have so much respect and admiration for hillary clinton, secretary clinton has done an amazing job as secretary of state. i know she's earned and deserves and looking forward to the well-earned rest she's planning to take and she's an incredible leader who has a tremendous future as a leader of the united states of america. >> well, if you looked at the video that introduced her at the forum on friday night here, a the lot of people are suggesting that...
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according to "the new york times," blook called clinton to encourage her to run for mayor in 2013. the call reportedly took place months ago and hillary said thanks but no thanks. this comes as a recent headline from the new yorker editor david riddick declared hillary is running. he reads that conclusion after witnessing secretary clinton as a main speaker at a conference in washington this weekend where he says a slickly produced film on her political career ran like an international endorsement four years in advance of the iowa caucus. >> okay. new jersey governor chris christie is asking for 100% reimbursement from the federal government for the costs of emergency response the state faced in the wake of hurricane sandy. christie said in a letter to fema that the economic damage in his state could top $40 billion. he also plans to couple to washington to press his case later this week. both christie and new york governor andrew cuomo are asking for full compensation for their state's efforts. the white house is also expected to ask for more money. >>> and just one month after th
according to "the new york times," blook called clinton to encourage her to run for mayor in 2013. the call reportedly took place months ago and hillary said thanks but no thanks. this comes as a recent headline from the new yorker editor david riddick declared hillary is running. he reads that conclusion after witnessing secretary clinton as a main speaker at a conference in washington this weekend where he says a slickly produced film on her political career ran like an...
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Dec 5, 2012
12/12
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and the man who shut down the government under bill clinton. what newt gingrich thinks it will take to avoid that happening again. >>> plus one of my personal heroes, the fastest man in the history of planet earth. jamaican sprinter usain bolt revealing a talent you may not know he has. ♪ let's get together and feel all right ♪ >> this is "piers morgan tonight." >>> good evening. our big story tonight, you are so hot, america. i mean that literally. the temperature was a balmy 60 degrees this afternoon in new york just outside cnn's studios. the average high temperature in december is normally 43. a warm front has flooded the lower 48 states. quite extraordinary but is it evidence of man-made global warming? that's tonight's battleground america. joining me now, bill nye the science guy and mark morano, the publisher of climate depo.com. welcome to you both. let me start with you, mark, if i may. you are implacably opposed to the concept of man-made climate change. why? >> we followed the evidence. there are quite literally hundreds of fact
and the man who shut down the government under bill clinton. what newt gingrich thinks it will take to avoid that happening again. >>> plus one of my personal heroes, the fastest man in the history of planet earth. jamaican sprinter usain bolt revealing a talent you may not know he has. ♪ let's get together and feel all right ♪ >> this is "piers morgan tonight." >>> good evening. our big story tonight, you are so hot, america. i mean that literally. the...
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Dec 6, 2012
12/12
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just let the top rates go back to clinton era levels. i don't like it. you don't like it. but it beats the budget terry oops you are going through right now to raise the same amount of dough. limiting the writeoffs and opening the can of worms is not worth it. less hassle and less revenue overall. if you raise the rates now and save the big foit for a -- the big fight for a conflict. and quit saying entitlements are off the table. curbing the growth is not the same as throwing granny off the cliff. get off your high horse and talking points and get this. republicans just gave you revenues. return the offer. give them a spending road map. if they are going to raise the top rate close to 5% i say you slice the growth in entitlement spending by 2% now and more later. both parties agree to keep growth in all government spending. all of it to no more than 2% a year half the rate at which it is spiraling out of control. super hero fix six, slowly rage the eligibility from 65 to 67 exempting those who are 58 or older now to allow for this adjustment to be slowly worked in. nancy
just let the top rates go back to clinton era levels. i don't like it. you don't like it. but it beats the budget terry oops you are going through right now to raise the same amount of dough. limiting the writeoffs and opening the can of worms is not worth it. less hassle and less revenue overall. if you raise the rates now and save the big foit for a -- the big fight for a conflict. and quit saying entitlements are off the table. curbing the growth is not the same as throwing granny off the...
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Dec 4, 2012
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we need to go back to the clinton era rates for the most well off americans. it's not going to kill us. the line between freedom and tyranny is not the 35 we pay now and the 39 that the rich will pay as we did when america was a communist paradise. it's just silly now. you've got to be for a tax rate increase or we will go over this fiscal cliff. >> no, you don't. you could raise from a carbon tax of $20 a ton, which will deal with, we are having the biggest record carbon levels. you could raise -- at 4% a year over the next ten year, twice as much as you could from allowing the bush tax rates to lapse. why the income tax system is overburdened in the united states. we use it too much. we should be looking at other taxes. we can't do it in 29 days. why are we doing it in 29 days? >> but the president ran on >> the republicans must agree to higher tax rates on well off americans. all the way to the 39.6 that the president, they have to. that's the ticket for admission because the president won the election and campaigned on that. the democrats are going to have
we need to go back to the clinton era rates for the most well off americans. it's not going to kill us. the line between freedom and tyranny is not the 35 we pay now and the 39 that the rich will pay as we did when america was a communist paradise. it's just silly now. you've got to be for a tax rate increase or we will go over this fiscal cliff. >> no, you don't. you could raise from a carbon tax of $20 a ton, which will deal with, we are having the biggest record carbon levels. you...
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Dec 3, 2012
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bill clinton along others says said if there's a movie made by hillary clinton meryl streep should get the part. >>> next, secretary who? at a u.n. event to benefit people with disantibiotics, john mccain took on the rumors of who will be the next secretary of state after an introduction from john kerry. >> senator mccain. >> thank you very much, mr. secretary. >> kerry stepped up again after mccain but refused to bite on that one. >> thank you very much, mr. president. this is what happens when you get two losers up here, folks. >> that was a good line. kerry has been careful to stay clear of the public speculation about whom the president will actually pick to replace hillary clinton. >>> also, ads governor jan brewer, she's a heavyweight, in a comment about global warming. she doesn't think it's man made, but her own explanation for climate change is rather lacking. here is what she told a local reporter. >> everybody has an opinion on it, you know, and i probably don't believe it's manmade. i believe that, you know, weather and certain elements are controlled maybe by different thi
bill clinton along others says said if there's a movie made by hillary clinton meryl streep should get the part. >>> next, secretary who? at a u.n. event to benefit people with disantibiotics, john mccain took on the rumors of who will be the next secretary of state after an introduction from john kerry. >> senator mccain. >> thank you very much, mr. secretary. >> kerry stepped up again after mccain but refused to bite on that one. >> thank you very much, mr....
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Dec 10, 2012
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the clinton world is not sitting quietly, though. t "the new york times" kicked off what is likely to become a monthly exercise by somebody in the media. we may come up with a meter. probably throw in jeb in there, right? we should call it the hillary jebatron version 2016. probably jon stewart starting that up already. jodie cantor interviewed a number of clinton aides about future plans and strikingly a lot of them talked. while clinton has dozens of options when she leaves the state department, cantor makes a smart observation. she is a big constraint. the more serious she is about 2016 the less she can do. no frank, seen it all memoir, no clients, commissions that could prove problematic in the 2016 primaries or the general. instead cantor reports that secretary clinton is considering writing an upbeat look at her time as secretary of state. not a painful examination of her failed 2008 bid as she once proposed. likely to be quoted in a handful of clinton aides willing to go on the record with "the times" even when asked questions
the clinton world is not sitting quietly, though. t "the new york times" kicked off what is likely to become a monthly exercise by somebody in the media. we may come up with a meter. probably throw in jeb in there, right? we should call it the hillary jebatron version 2016. probably jon stewart starting that up already. jodie cantor interviewed a number of clinton aides about future plans and strikingly a lot of them talked. while clinton has dozens of options when she leaves the...
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Dec 8, 2012
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among us to go back to the clinton rates for income above $250,000. >> the clinton tax rates, we need to go back. that's not a generic policy idea. that's really specific. the clinton tax rate for high income earners was 39.6%. that's what president obama was calling for during the campaign. that's still what president obama is calling for now. but now when you ask him if that's the red line, if it you ask if he will accept anything else, he doesn't really answer. >> tax rates. are you -- is there no deal at the end of the year if tax rates for the top 2% aren't the clinton tax rates, period. no ifs, ands or buts on that specific aspect of the fiscal cliff. >> with respect to the tax rates, i want to emphasize, i am open to new ideas. i'm not going to slam the door in their face. i want to hear -- i want to hear ideas from everybody. >> that's not a no. here is the treasury secretary timothy geithner. >> there's no agreement that doesn't involve the rates going up on the top 2%. >> not necessarily going up to the clinton era rates. just going up. today at a press conference at the cap
among us to go back to the clinton rates for income above $250,000. >> the clinton tax rates, we need to go back. that's not a generic policy idea. that's really specific. the clinton tax rate for high income earners was 39.6%. that's what president obama was calling for during the campaign. that's still what president obama is calling for now. but now when you ask him if that's the red line, if it you ask if he will accept anything else, he doesn't really answer. >> tax rates. are...